Pumpfun (@pumpdotfun) just dropped a bomb on the market—$19.2M buyback live and counting. Eight hours ago, the team deployed a surprise open-market buyback using protocol fee revenue. 187,770 $SOL (~$30.53M) was moved from their fee wallets to a fresh address, 3vkpy5, now confirmed to be a buyback wallet. So far, 118,350 $SOL (~$19.2M) has been spent to purchase 3.196B $PUMP at an average price of ~$0.006. Pumpfun ( @pumpdotfun ) has bought back 3.196B $PUMP ($19.2M)! 8 hours ago, they launched an open-market buyback using fee revenue, sending 187,770 $SOL ($30.53M) from their fee accounts to “3vkpy5” to accumulate $PUMP . So far, 118,350 $SOL ($19.2M) has been used to buy 3.196B… pic.twitter.com/9Ht1OTaiq0 — Spot On Chain (@spotonchain) July 16, 2025 From seller to buyer, The pivot is wild. Since May 2024, Pumpfun had been dumping fee revenue aggressively on Kraken. Data shows ~4.1M $SOL ($741M) offloaded at $180 avg, week after week. Market watchers got used to the pressure. The chart reflected it. Now, that selling machine is reversing course—and buying. This isn’t a symbolic move. This is full-on buyback mode, with nearly $11.3M still sitting in the wallet, unspent. If that gets deployed too, price action could get even crazier. $PUMP Presale Was Just the Beginning Few days ago , $PUMP pulled off one of the biggest presales in crypto history—$500M+ raised in 12 minutes at $0.004. The hype was real. The crowd was massive. But like most meme launches, it dipped post-listing. Some thought that was the top. Then came today’s buyback. Now $PUMP is trending again, showing strength above $0.006, with heavy volume pushing through on-chain and across CEXes. That puts $PUMP up 60% from its presale price, with momentum clearly shifting bullish. Add protocol-led buybacks into the mix, and you’ve got a very different chart from two weeks ago. This isn’t just about price. This is narrative control. Pumpfun knows what it’s doing. For weeks, fee revenue kept flowing—but it was all going to Kraken. The protocol was seen as a seller. Now, that same revenue is being redirected to buy back tokens—hard. It sends a message: the team backs its token. The market loves that. And when it comes with $19.2M of real firepower, it’s more than just sentiment—it’s math. There’s still 69,420 $SOL left in the wallet. That’s $11.3M+ sitting idle. If this gets deployed in waves, it can support price, reduce float, and extend this trend. Pumpfun launched a surprise $19.2M buyback, scooping 3.196B $PUMP 118,350 $SOL used so far, with 187,770 $SOL initially transferred Follows a history of dumping ~4.1M $SOL ($741M) via Kraken since May $PUMP presale raised $500M+ in 12 mins at $0.004 Current price: $0.0064 – already 60% up from presale. Pumpfun came to play. The charts reflect it. The buyback wallet proves it. The next move? All eyes on that $11M still waiting in “3vkpy5.” Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services. Follow us on Twitter @nulltxnews to stay updated with the latest Crypto, NFT, AI, Cybersecurity, Distributed Computing, and Metaverse news !
